The lastest consumer report
One of the stories I heard is a business man spent over 100K for his brand new AMG S-class sedan. The car could not start in the morning for like three four times in the first month. He was sick of it and demanded for a full refund.
In this case, it is good not to be rich like him.
In this case, it is good not to be rich like him.
Originally Posted by frank b,Nov 16 2005, 03:17 AM
Thanks. Very interesting list. More bad news for GM as the Cobalt made the most unreliable list. They had such a long time to get that one right, too.
I'd like to have been a fly on the wall when GM dreamed up Saturn. I can't recall how much it cost them, but I think it cost them more than $10B. To answer a question no one asked. Add to that the cost of Isuzu and Saab and the $4B given to Fiat. Throw in what it cost to develope Civic, Accord and Odyssey fighters (that don't win). And you'd have a sizable cunk of change.
I wonder if GM had instead bought a company like Honda. Current market cap $50B, but was like $25B 10 years ago. And it's possible GM has pissed away more than $25B in that time.
If they had done that instead, they'd have small and mid-size cars they could have plugged into Pontiac, Chevy etc.. that would have been far better than what they have had, plus they would not have had to create Saturn at all.
Just my 2c
P.S. I don't even know if it had been possible to buy Honda or a controlling interest. Something like what Renault has with Nissan and Ford (somewhat has with Mazda).
Would have made sense to me, a thousand times more than buying Saab, Isuzu and Saturn, not to mention the billions spent on Cobalt etc..
Originally Posted by VTEC_Junkie,Nov 16 2005, 07:37 AM
omg!! i just realized by typing benz and bmw, it directly sets up some sponsors link...

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